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        <lei>549300Z4WN6JVZ3T4680</lei>
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          <isin value="US45337C1027"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>NEUROCRINE BIOSCIENCES INC</name>
        <lei>549300FECER0XBN49756</lei>
        <title>NEUROCRINE BIOSCIENCES INC</title>
        <cusip>64125C109</cusip>
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          <isin value="US64125C1099"/>
          <ticker value="NBIX"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ULTRAGENYX PHARMACEUTICAL IN</name>
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          <isin value="US90400D1081"/>
          <ticker value="RARE"/>
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        <curCd>USD</curCd>
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        <name>ROIVANT SCIENCES LTD</name>
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          <isin value="BMG762791017"/>
          <ticker value="ROIV"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>MADRIGAL PHARMACEUTICALS INC</name>
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        <title>MADRIGAL PHARMACEUTICALS INC COM</title>
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          <isin value="US5588681057"/>
          <ticker value="MDGL"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>PHATHOM PHARMACEUTICALS INC</name>
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          <isin value="US71722W1071"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <name>INSMED INC</name>
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          <isin value="US4576693075"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GERON CORP</name>
        <lei>549300T282D7Z2YESL90</lei>
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          <isin value="US3741631036"/>
          <ticker value="GERN"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IONIS PHARMACEUTICALS INC</name>
        <lei>549300SI4ZGLG0BLUZ92</lei>
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          <isin value="US4622221004"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LEGEND BIOTECH CORP</name>
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          <isin value="US52490G1022"/>
          <ticker value="LEGN"/>
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        <balance>42398.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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        <name>ZAI LAB LTD</name>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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        <name>KALVISTA PHARMACEUTICALS INC</name>
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        <name>ESPERION THERAPEUTICS INC</name>
        <lei>549300OFU56UKEWVUS92</lei>
        <title>ESPERION THERAPEUTICS INC COM</title>
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        <name>TRAVERE THERAPEUTICS INC</name>
        <lei>N/A</lei>
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          <ticker value="TVTX"/>
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        <name>APELLIS PHARMACEUTICALS INC</name>
        <lei>254900HS0ZFRXXSB9D42</lei>
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          <ticker value="APLS"/>
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        <name>TARSUS PHARMACEUTICALS INC</name>
        <lei>N/A</lei>
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          <ticker value="TARS"/>
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        <name>OMNIAB INC</name>
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        <name>CRISPR THERAPEUTICS AG</name>
        <lei>506700O6IRRIQLT3W370</lei>
        <title>CRISPR THERAPEUTICS AG NAMEN AKT</title>
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        <invCountry>CH</invCountry>
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        <name>IMMUNITYBIO INC</name>
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        <title>IMMUNITYBIO INC COM</title>
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          <ticker value="IBRX"/>
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        <name>IMMUNOCORE HOLDINGS PLC</name>
        <lei>213800IUE3DFS84BVN18</lei>
        <title>IMMUNOCORE HOLDINGS PLC ADS</title>
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        <name>ADMA BIOLOGICS INC</name>
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        <name>IOVANCE BIOTHERAPEUTICS INC</name>
        <lei>2549002L8WT2ACU5Q878</lei>
        <title>IOVANCE BIOTHERAPEUTICS INC COM</title>
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          <ticker value="IOVA"/>
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        <name>VERTEX PHARMACEUTICALS INC</name>
        <lei>54930015RAQRRZ5ZGJ91</lei>
        <title>VERTEX PHARMACEUTICALS INC</title>
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          <ticker value="VRTX"/>
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      </invstOrSec>
      <invstOrSec>
        <name>SYNDAX PHARMACEUTICALS INC</name>
        <lei>529900OF94TRHKZVBS87</lei>
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        <cusip>87164F105</cusip>
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          <isin value="US87164F1057"/>
          <ticker value="SNDX"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>GILEAD SCIENCES INC</name>
        <lei>549300WTZWR07K8MNV44</lei>
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          <isin value="US3755581036"/>
          <ticker value="GILD"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BIONTECH SE</name>
        <lei>894500UZJ5LG1F8J1U58</lei>
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          <isin value="US09075V1026"/>
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      <invstOrSec>
        <name>REGENERON PHARMACEUTICALS</name>
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      <invstOrSec>
        <name>BIOCRYST PHARMACEUTICALS INC</name>
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        <name>RHYTHM PHARMACEUTICALS INC</name>
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        <assetCat>STIV</assetCat>
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          <cashCollateralCondition cashCollateralVal="1868133.71000000" isCashCollateral="Y"/>
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        <name>EXELIXIS INC</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>AURINIA PHARMACEUTICALS INC</name>
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          <ticker value="AUPH"/>
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        <name>KINIKSA PHARMACEUTICALS INTERNATIONAL PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>AMGEN INC</name>
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        <name>MODERNA INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>ACADIA PHARMACEUTICALS INC</name>
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        <name>PTC THERAPEUTICS INC</name>
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        <name>HARMONY BIOSCIENCES HOLDINGS INC</name>
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        <name>TG THERAPEUTICS INC</name>
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        <name>ARDELYX INC</name>
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        <name>ARROWHEAD PHARMACEUTICALS INC</name>
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        <title>ARROWHEAD PHARMACEUTICALS INC COM</title>
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        <name>BIOGEN INC</name>
        <lei>W8J5WZB5IY3K0NDQT671</lei>
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        <name>ASCENDIS PHARMA A/S</name>
        <lei>549300B66JN3W3J8GH73</lei>
        <title>ASCENDIS PHARMA A/S SPON ADR EACH REP 1 ORD SHS</title>
        <cusip>04351P101</cusip>
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          <ticker value="ASND"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED THERAPEUTICS CORP</name>
        <lei>5299005C4HZL4UWROC14</lei>
        <title>UNITED THERAPEUTICS CORP</title>
        <cusip>91307C102</cusip>
        <identifiers>
          <isin value="US91307C1027"/>
          <ticker value="UTHR"/>
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        <balance>1914.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1093563.90000000</valUSD>
        <pctVal>1.844505394290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEONE MEDICINES LTD</name>
        <lei>549300JFUK6FRD5MH739</lei>
        <title>BEONE MEDICINES LTD SPONSORED ADS</title>
        <cusip>07725L102</cusip>
        <identifiers>
          <isin value="US07725L1026"/>
          <ticker value="ONC"/>
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        <balance>2965.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>875475.55000000</valUSD>
        <pctVal>1.476657536467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARCUTIS BIOTHERAPEUTICS INC</name>
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          <ticker value="ARQT"/>
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        <balance>32610.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>757204.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NUVATION BIO INC</name>
        <lei>N/A</lei>
        <title>NUVATION BIO INC COM CL A</title>
        <cusip>67080N101</cusip>
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          <isin value="US67080N1019"/>
          <ticker value="NUVB"/>
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        <balance>112261.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>499561.45000000</valUSD>
        <pctVal>0.842606261329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MIRUM PHARMACEUTICALS INC</name>
        <lei>254900YZKR40F7F27K81</lei>
        <title>MIRUM PHARMACEUTICALS INC COM</title>
        <cusip>604749101</cusip>
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          <ticker value="MIRM"/>
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        <balance>14558.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1416638.98000000</valUSD>
        <pctVal>2.389433521325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LIGAND PHARMACEUTICALS</name>
        <lei>5493008K7TB0IKP37H79</lei>
        <title>LIGAND PHARMACEUTICALS INC</title>
        <cusip>53220K504</cusip>
        <identifiers>
          <isin value="US53220K5048"/>
          <ticker value="LGND"/>
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        <balance>4992.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1145414.40000000</valUSD>
        <pctVal>1.931961213695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OMNIAB INC</name>
        <lei>N/A</lei>
        <title>OMNIAB INC USD0.0001 A (USD12.5 VESTING)</title>
        <cusip>68218J202</cusip>
        <identifiers>
          <isin value="US68218J2024"/>
          <ticker value="2200963D"/>
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        <balance>1295.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAREPTA THERAPEUTICS INC</name>
        <lei>549300IKDPIED8J8IG21</lei>
        <title>SAREPTA THERAPEUTICS INC</title>
        <cusip>803607100</cusip>
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          <isin value="US8036071004"/>
          <ticker value="SRPT"/>
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        <balance>43955.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>917780.40000000</valUSD>
        <pctVal>1.548012785145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KRYSTAL BIOTECH INC</name>
        <lei>549300YONUY68210OE41</lei>
        <title>KRYSTAL BIOTECH INC COM</title>
        <cusip>501147102</cusip>
        <identifiers>
          <isin value="US5011471027"/>
          <ticker value="KRYS"/>
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        <balance>3866.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1013897.16000000</valUSD>
        <pctVal>1.710132147627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LENZ THERAPEUTICS INC</name>
        <lei>N/A</lei>
        <title>LENZ THERAPEUTICS INC COM</title>
        <cusip>52635N103</cusip>
        <identifiers>
          <isin value="US52635N1037"/>
          <ticker value="LENZ"/>
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        <balance>52170.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>468486.60000000</valUSD>
        <pctVal>0.790192562915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="468477.62000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>AGIOS PHARMACEUTICALS INC</name>
        <lei>529900ONJHY8EOGYT555</lei>
        <title>AGIOS PHARMACEUTICALS INC</title>
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        <identifiers>
          <isin value="US00847X1046"/>
          <ticker value="AGIO"/>
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        <balance>34703.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>971684.00000000</valUSD>
        <pctVal>1.638931551732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOVAVAX INC</name>
        <lei>529900J4GJHPEPQ23205</lei>
        <title>NOVAVAX INC COM NEW</title>
        <cusip>670002401</cusip>
        <identifiers>
          <isin value="US6700024010"/>
          <ticker value="NVAX"/>
        </identifiers>
        <balance>144044.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1141548.70000000</valUSD>
        <pctVal>1.925440968739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1109999.27500000"/>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-06-22</ncom:dateSigned>
      <ncom:nameOfApplicant>ETFis Series Trust I</ncom:nameOfApplicant>
      <ncom:signature>Brinton W. Frith</ncom:signature>
      <ncom:signerName>Brinton W. Frith</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
